AfterDawn: Tech news

Hulu partners mull future of company

Written by Andre Yoskowitz (Google+) @ 03 Mar 2013 15:16

Hulu partners mull future of company Hulu partners Disney and News Corp. have begun mulling the future the online video streaming service, with the possibility of one company buying the other's stake.
Other ideas being thrown around include selling to outside firms or just keeping their current stakes.

Disney and News Corp. appear to have different views on what to focus on. Disney would like to push the ad-based free service while News Corp., unsurprisingly, would like to focus on the $8 per month Hulu Plus premium package that include back catalogs of nearly all shows.

Combined, the company's own two-thirds of Hulu, with NBCU owning the rest. However, NBCU has no decision-making rights due to regulations put in place after Comcast purchased the content company.

Hulu brought in $700 million in revenue in 2012.

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